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Mainz Biomed N.V. Ordinary Shares - $MYNZ STOCK NEWS

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Mainz Biomed N.V. will present the results of its eAArly DETECT study at Digestive Disease Week in Washington D.C. The study reported a sensitivity for colorectal cancer of 97% and a specificity of 97%, along with a sensitivity for advanced adenoma of 82%. The results indicate promising performance of a multimodal screening test combining various biomarkers with an AI algorithm to improve early detection rates for colorectal cancer and precancerous conditions.

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End-of-Day
5.97%
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Rhea-AI Summary
Mainz Biomed reports positive topline results from a pooled study evaluating novel mRNA biomarkers and a proprietary AI algorithm for integration into a pivotal FDA PMA clinical trial for next-generation colorectal cancer diagnostic. The groundbreaking results show a sensitivity for colorectal cancer of 92% with specificity of 90% and best-in-class sensitivity for advanced adenoma of 82%. The study included 690 subjects from Mainz Biomed's clinical trials, aiming to optimize sensitivity and specificity in CRC screening. The results represent a critical milestone towards launching the FDA PMA pivotal study ReconAAsense, planned to recruit up to 15,000 patients. Mainz Biomed's innovative next-generation test has the potential to disrupt the at-home CRC diagnostic screening market by providing a robust and accurate test.
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-4.66%
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Rhea-AI Summary
Mainz Biomed N.V. reported a 69% increase in revenue year over year, with a net loss in line with the previous year. The company's cash balance at year-end was $7.1 million. Key highlights include positive clinical study results for colorectal cancer detection, progress towards FDA PMA study for a self-administered CRC screening tool, and expansion of international commercialization of ColoAlert®. Financially, the company saw revenue growth, but also significant operating expenses leading to a net loss.
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-8.33%
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Mainz Biomed N.V. (MYNZ) to host HALLO DOC! event focusing on molecular genetics diagnostic solutions for early cancer detection.
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3%
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Rhea-AI Summary
Mainz Biomed N.V. and Ganzimmun are hosting an educational webinar on Early Detection of Colorectal Cancer, focusing on innovative laboratory diagnostic options for screening. The event aims to provide insights on genetic markers and advancements in screening techniques for accurate risk assessment and early detection. Attendees can earn continuing education credits from ÄK and BDH. The webinar will be held on March 20, 2024, in German language, targeting pharmacists, physicians, and healthcare professionals.
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-3.85%
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Mainz Biomed N.V. (NASDAQ:MYNZ) announces its participation at the 39th UDH Congress 2024, showcasing ColoAlert®, a cutting-edge colorectal cancer screening kit. The Company's commitment to advancing molecular genetics diagnostic solutions for early cancer detection is evident through its innovative technology and dedication to evidence-based healthcare practices.
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0.94%
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Mainz Biomed partners with Trusted Health Advisors to advance FDA clinical trial for colorectal cancer screening test, aiming for market approval in 2026.
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4.49%
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Mainz Biomed N.V. (NASDAQ:MYNZ) announces participation at the Gynecology Congress in Germany to showcase ColoAlert®, an innovative diagnostic solution for colorectal cancer screening. The company aims to connect with gynecologists, key players in CRC prevention, and establish ColoAlert® as a leading tool in early cancer detection.
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-5.65%
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Mainz Biomed N.V. (NASDAQ:MYNZ) partners with Praxisdienst, Germany's largest online retailer, to distribute their innovative early cancer detection product ColoAlert®, enhancing healthcare delivery in Germany. The collaboration aims to provide a more comprehensive screening option for colorectal cancer, utilizing advanced technology for higher detection rates.
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-2.96%
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partnership
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Mainz Biomed (NASDAQ: MYNZ) partners with TomaLab to launch ColoAlert® in Italy, revolutionizing colorectal cancer detection. ColoAlert® offers a highly effective at-home test for early cancer detection, improving survival rates in Italy.
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-2.97%
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Mainz Biomed N.V. Ordinary Shares

Nasdaq:MYNZ

MYNZ Rankings

MYNZ Stock Data

15.76M
16.84M
16.59%
1.06%
1.51%
Pharmaceutical Preparation Manufacturing
Manufacturing
Link
United States of America
Mainz

About MYNZ

mainz biomed is aiming to become a leading provider of easy-to-use diagnostic solutions for patients everywhere. we develop innovative products that quickly and easily identify the early onset of several leading deadly conditions including colorectal and pancreatic cancers. visit our website www.mainzbiomed.com to learn more about our company and our mission to save lives through science.